20°C / 22°C
  • Fri
  • 20°C
  • 9°C
  • Sat
  • 20°C
  • 10°C
  • Sun
  • 20°C
  • 10°C
  • Mon
  • 20°C
  • 10°C
  • Tue
  • 19°C
  • 10°C
  • Fri
  • 21°C
  • 15°C
  • Sat
  • 20°C
  • 14°C
  • Sun
  • 20°C
  • 14°C
  • Mon
  • 21°C
  • 14°C
  • Tue
  • 22°C
  • 15°C
  • Fri
  • 21°C
  • 10°C
  • Sat
  • 21°C
  • 10°C
  • Sun
  • 22°C
  • 10°C
  • Mon
  • 22°C
  • 11°C
  • Tue
  • 21°C
  • 11°C
  • Fri
  • 20°C
  • 7°C
  • Sat
  • 21°C
  • 6°C
  • Sun
  • 20°C
  • 6°C
  • Mon
  • 20°C
  • 6°C
  • Tue
  • 21°C
  • 6°C
  • Fri
  • 23°C
  • 17°C
  • Sat
  • 24°C
  • 17°C
  • Sun
  • 24°C
  • 16°C
  • Mon
  • 24°C
  • 17°C
  • Tue
  • 24°C
  • 17°C
  • Fri
  • 28°C
  • 17°C
  • Sat
  • 21°C
  • 15°C
  • Sun
  • 19°C
  • 14°C
  • Mon
  • 23°C
  • 15°C
  • Tue
  • 30°C
  • 19°C
  • Fri
  • 25°C
  • 13°C
  • Sat
  • 23°C
  • 11°C
  • Sun
  • 23°C
  • 11°C
  • Mon
  • 25°C
  • 11°C
  • Tue
  • 24°C
  • 12°C
  • Fri
  • 23°C
  • 14°C
  • Sat
  • 21°C
  • 12°C
  • Sun
  • 21°C
  • 12°C
  • Mon
  • 22°C
  • 13°C
  • Tue
  • 23°C
  • 14°C
  • Fri
  • 22°C
  • 10°C
  • Sat
  • 21°C
  • 9°C
  • Sun
  • 23°C
  • 9°C
  • Mon
  • 22°C
  • 9°C
  • Tue
  • 22°C
  • 9°C
  • Fri
  • 21°C
  • 5°C
  • Sat
  • 20°C
  • 5°C
  • Sun
  • 20°C
  • 4°C
  • Mon
  • 20°C
  • 4°C
  • Tue
  • 21°C
  • 5°C
  • Fri
  • 23°C
  • 9°C
  • Sat
  • 23°C
  • 9°C
  • Sun
  • 25°C
  • 8°C
  • Mon
  • 27°C
  • 8°C
  • Tue
  • 26°C
  • 8°C
  • Fri
  • 26°C
  • 15°C
  • Sat
  • 19°C
  • 13°C
  • Sun
  • 18°C
  • 13°C
  • Mon
  • 20°C
  • 13°C
  • Tue
  • 28°C
  • 17°C

Stuttafords dies on 1 August. There are lessons to learn

The 159-year-old icon failed to evolve. Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.

stutjpg

Stuttafords will shut up shop on 1 August.

The iconic giant could not evolve.

What do we learn from this?

The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator founder Pavlo Phitidis.

_Listen to the interview in the audio below (and/or scroll down for quotes from it). _

Arguments are often why family-owned businesses don’t make it to the second generation.

Pavlo Phitids, Aurik Business Accelerator

Stuttafords had a great business model.

Pavlo Phitids, Aurik Business Accelerator

They created a wonderful experience. But things have changed.

Pavlo Phitids, Aurik Business Accelerator

Stuttafords is South Africa’s Kodak.

Pavlo Phitids, Aurik Business Accelerator

Focussing on a niche lends itself to a very successful click-and-mortar business.

Pavlo Phitids, Aurik Business Accelerator

Click here (then “like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

This article first appeared on 702 : Stuttafords dies on 1 August. There are lessons to learn